How will the rise of the global middle class affect trade and consumption?
Around the world, the middle class is expanding at a rate we have never seen before in history. Homi Kharas, a senior fellow in the Center for Sustainable Development at Brookings, joins David Dollar in this episode to discuss how that global middle class is defined and where growth is concentrated. Kharas also explains how preferences among the global middle class will affect production, trade, regional value chains, and efforts to address climate change for years to come.
Related Content
Future Development
Which will be the top 30 consumer markets of this decade? 5 Asian markets below the radar
Homi Kharas and Wolfgang Fengler
Tuesday, August 31, 2021
Future Development
A long-term view of COVID-19’s impact on the rise of the global consumer class
Wolfgang Fengler and Homi Kharas
Thursday, May 20, 2021
Future Development
When will the global consumer class recover?
Kelsey Wu and Max Thomasberger
Wednesday, November 25, 2020
Homi Kharas
Senior Fellow – Global Economy and Development, Center for Sustainable Development
David Dollar
Senior Fellow – Foreign Policy, Global Economy and Development, John L. Thornton China Center
Twitter
davidrdollar